Precision Drilling annual gross profit
2017
2018
2019
2020
2021
2022
2023
2024
2025
Precision Drilling Gross Profit Growth & History (PDS)
Precision Drilling's gross profit was $604.1M for fiscal 2025.
View full Precision Drilling company overviewPrecision Drilling annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $604.1M | −$49.6M | −7.59% |
| 2024 | 2024-12-31 | $653.6M | −$79.7M | −10.86% |
| 2023 | 2023-12-31 | $733.3M | $240.7M | +48.87% |
| 2022 | 2022-12-31 | $492.6M | $203.9M | +70.62% |
| 2021 | 2021-12-31 | $288.7M | −$63.6M | −18.06% |
| 2020 | 2020-12-31 | $352.3M | −$150.0M | −29.86% |
| 2019 | 2019-12-31 | $502.4M | $28.4M | +6.00% |
| 2018 | 2018-12-31 | $473.9M | $78.9M | +19.96% |
| 2017 | 2017-12-31 | $395.1M | — | — |
Precision Drilling gross profit trends
Over the last five fiscal years, Precision Drilling's gross profit increased from $352.3M to $604.1M, a change of $251.7M.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Precision Drilling source filings ↗